Read the full judgment text of HCA 006801/1997 on BabelCite. This High Court CFI judgment was delivered on 24 February 1998.
1. The Plaintiff sued on an agreement dated 29th December 1992 ("the Agreement") made with the Defendant. By the Agreement the Plaintiff agreed to transfer to the Defendant the rights and liabilities of an agreement made between Hoi Tin Investment Company Limited (Hong Kong) and the Xiamen City Government in China in respect of a piece of land in Xiamen. The Defendant agreed to pay the Plaintiff a fee of RMB2,165,240. The Agreement further provided that the Defendant was to appoint the Plaintiff